“The greater, darker, unforeseen consequences of privatisation are its corrupting effect on social fairness and opportunity more broadly. Corporations that acquire state assets depend on the election of governments with policies that will feed their business, rather than diminish it. It is in the interest of corporations that are paid to supply sub-contracted services to government projects, for example, to lobby hard against political parties mooting a return to better-paid, more secure, direct employment models. ... A powerful incentive to corruption, hard and soft, exists in the dynamics of these economic and political relationships. Big corporations have a direct interest in politics and the political system; their political donations reward those who promise them favourable conditions, and neither the community benefit nor the national interest comes into it.”
Quote by Sally McManus
Book:On Fairness
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On Fairness
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